Genie Energy (GNE) Operating Expenses (2010 - 2026)

Genie Energy's (GNE) quarterly Operating Expenses came in at $27.9 million in Q1 2026, down 14.15% year-on-year from $32.6 million in Q1 2025, and up 1.11% quarter-over-quarter from $27.6 million in Q4 2025.

Genie Energy (GNE) Operating Expenses (2010 - 2026) Analysis & Trends

Genie Energy's Operating Expenses history runs 17 years deep, the most recent figure standing at $27.9 million for Q1 2026.

  • On a quarterly basis, Operating Expenses fell 14.15% year-over-year to $27.9 million in Q1 2026; TTM through Mar 2026 was $99.4 million, a 5.93% decrease from a year earlier, with the FY2025 full-year figure at $95.3 million, down 30.47% from the prior year.
  • Operating Expenses rose to $27.9 million in Q1 2026 per GNE's latest filing, from $27.6 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $32.6 million in Q1 2025 and bottomed at $17.2 million in Q4 2022.
  • The 5-year median for Operating Expenses is $22.7 million (2023), against an average of $23.7 million.
  • Across the five-year window, Operating Expenses soared 43.55% in 2024 and dropped 14.15% in 2026, its largest moves.
  • Year by year, Operating Expenses stood at $17.2 million in 2022, then surged by 32.41% to $22.7 million in 2023, then grew by 14.04% to $25.9 million in 2024, then grew by 6.64% to $27.6 million in 2025, then advanced by 1.11% to $27.9 million in 2026.
  • Per Business Quant, the three latest GNE Operating Expenses figures stand at $27.9 million (Q1 2026), $27.6 million (Q4 2025), and $22.6 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Fortis 462,782.01 Bn 462,783.29 Bn 1.70 Bn 616.18 Mn
2 Dominion Energy 62.80 Bn 67.01 Bn - 3.63 Bn
3 Xcel Energy 50.41 Bn 48.65 Bn 4.02 Bn 3.27 Bn
4 Wec Energy 37.36 Bn 37.32 Bn 2.04 Bn 2.45 Bn
5 Energy Co Of Parana 34.84 Bn 34.18 Bn - -
6 Ameren 31.32 Bn 31.43 Bn - 1.64 Bn
7 Edison International 30.65 Bn 30.49 Bn - 2.46 Bn
8 Firstenergy 28.61 Bn 29.98 Bn 2.74 Bn 3.37 Bn
9 Hydro One 25.14 Bn 25.13 Bn - 128.34 Mn
10 Genie Energy 379.29 Mn 181.47 Mn 29.82 Mn 27.95 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 27.95 Mn
Dec 31, 2025 27.64 Mn
Sep 30, 2025 22.62 Mn
Jun 30, 2025 21.18 Mn
Mar 31, 2025 32.56 Mn
Dec 31, 2024 25.92 Mn
Sep 30, 2024 25.16 Mn
Jun 30, 2024 22.02 Mn
Mar 31, 2024 31.60 Mn
Dec 31, 2023 22.73 Mn
Sep 30, 2023 23.20 Mn
Jun 30, 2023 23.17 Mn
Mar 31, 2023 22.01 Mn
Dec 31, 2022 17.17 Mn
Sep 30, 2022 19.61 Mn
Jun 30, 2022 18.05 Mn
Mar 31, 2022 20.15 Mn
Dec 31, 2021 17.92 Mn
Sep 30, 2021 17.14 Mn
Jun 30, 2021 16.67 Mn